So, you aren't a big-time horse racing enthusiast. But, the Kentucky Derby duel between the winner, I'll Have Another, and the runner-up, Bodemeister, captured your interest. Since it will be reprised Saturday in the Preakness Stakes you are thinking maybe you will take sides and plunk down a couple of dollars.
There is only one catch. You have no idea how this whole betting on horse racing thing work. Well, SB Nation New York is here to help you. Our friends at the mothership, SBNation.com, put together a betting guide prior to the Kentucky Derby, and it is still useful now.
Here is some basic betting terminolgy you will need to know:
One other tip from our friends at SB Nation this I find useful. If you are new to this, pick a horse to win and just place a 'win' bet. Don't confuse yourself. Remember, the higher the odds the more money you could rake in if your horse wins. Then again, the riskier your bet is.
If you need a little info on the horses in the race you can follow our Preakness StoryStream. You can also find some background on each horse at Preakness.com. including a bio, photos and the color of the silks that will be worn by each horse's jockey.
Whatever system for choosing a horse you come up with, or however much you decide to wager, just have some fun with it.
Preakness Stakes 2012 Post Positions Draw: Bodemeister Favorite, I'll Have Another 2nd (via sbnation)